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Property, Plant and Equipment, net
9 Months Ended
Sep. 30, 2021
Property, Plant and Equipment, net [Line Items]  
Property, Plant and Equipment Disclosure [Text Block]

Note 6 – Property, Plant and Equipment, net

 

Property, plant and equipment consists of the following:

 

   

September 30

December 31

In thousands

 

2021

2020

Machinery, fixtures and equipment

 

$

2,923

$

2,923

Leaseholds and improvements

 

 

23

 

23

 

 

 

2,946

 

2,946

Less accumulated depreciation

 

 

933

 

746

Net property, plant and equipment

 

$

2,013

$

2,200

 

Machinery, fixtures and equipment having a net book value of $2.0 million and $2.2 million at September 30, 2021 and December 31, 2020, respectively, were pledged as collateral under various financing agreements.

 

Depreciation expense for property, plant and equipment for the nine months ended September 30, 2021 and 2020 was $187,000 and $194,000, respectively.  Depreciation expense for property, plant and equipment for the three months ended September 30, 2021 and 2020 was $56,000 and $59,000, respectively.